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Atari and Cryptic Studios have announced Neverwinter, a Dungeons & Dragons based co-op RPG set for release in 2011.

"We're beyond thrilled to develop a brand new version of Neverwinter. It's been years since the original became a gaming icon and we're honored to work with such a great franchise," said Jack Emmert, COO of Cryptic Studios. "We've been working closely with Wizards of the Coast and R.A. Salvatore to create an authentic D&D adventure filled with compelling fiction and exciting gameplay."

Atari has launched the official site for the game.

You can read the full press release after the jump: